Ethereum Price Prediction: $11,250 By 2024
According to altcoin analyst Altcoin Gordon, Ethereum is expected to reach a price of $11,250 by the end of 2024. This would represent a 3.4X increase from its current price. Ethereum has been gaining attention lately due to the upcoming fourth Bitcoin halving in April and the SEC’s approval of Bitcoin ETFs in January.
Ethereum supply dropping.
Ethereum demand increasing.
Do you understand? pic.twitter.com/txH5g9Eq4w
— Gordon (@AltcoinGordon) January 18, 2024
An Ethereum ETF is also being developed this year, and the network has seen a decrease in supply since a major upgrade in 2022. Additionally, JP Morgan analysts are anticipating the Proto-Danksharding upgrade. Alongside his Ethereum prediction, Altcoin Gordon also forecasts prices of $27 for Cardano (ADA), $111 for Chainlink (LINK), and $0.47 for Ripple (XRP).
Price targets for end of 2024
BTC $98,750
ETH $11,250
ADA $27
LINK $111
COTI $3.27
ETHEREUM $9,800
XRP $0.47
USDT $1.40Too bullish or not bullish enough? Ethereum Price Prediction: Can ETH Break Above $10,000 in 2024? appeared first on CryptoPotato.
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